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Spruce Up Your Financial Plan with Social Security

Now that tax season is over, it’s probably a good time to evaluate some financial “best practices” for the rest of the year. A good spring-cleaning can clear out the clutter to let you see a clear path for your future. Social Security is always here to help. Even if you just started working, now is the time to start preparing for retirement. Achieving the dream of a secure, comfortable retirement is much easier with a strong financial plan.

Tip 1: Start Early

Our online retirement planning resources are helpful to people at any stage of their career. Our many calculators, Benefit Eligibility Screening Tool, and disability resources are all available on our benefit planners website. From here, you can read and download publications and also email and share with colleagues, friends, and family. Remember, the earlier you start, the better chance you have at saving what you need.

Tip 2: Be Informed

We’re often asked, “What’s the best age to start receiving retirement benefits?” The answer is that there’s no single “best age” for everyone and, ultimately, it’s your choice. The most important thing is to make an informed decision, based on your individual and family circumstances. To help you make that decision, see our retirement publications.

Tip 3: Estimate the Benefits You Might Get

Knowing the amount of money you could get is pivotal in planning your finances. With the Retirement Estimator, you can plug in some basic information to get an instant, personalized estimate of your future benefits. Try out different scenarios, such as higher or lower future earnings amounts and various retirement dates to see the various potential effects on your future benefit amounts.

Social Security can help you spring into action and take control of your future with the proper planning tools. Share these online resources with friends and family so they, too, will have the tools.

Hi Robert. If someone is changing your address with Social Security, you need to contact Social Security right away by calling our toll-free number at 1-800-772-1213. Representatives are available Monday through Friday, between 7 a.m. and 7 p.m. You can check your address and change it online in your my Social Security account.

You can choose to block electronic access to your Social Security record. When you do this, no one, including you, will be able to see or change your personal information on the Internet or through our automated telephone service. If you block access to your record and then change your mind in the future, you can contact Social Security and ask us to unblock it.

Thank you, Assurance American for helping to me make my way into the Us.Can’t wait to story my new life!!!!
April,19,2019.
Djamel Karoual Christian, Algeria
N° gagnant: ID-GRN111#4500DV#
N°Serie:SNVPH900IU#

Hi Carolyn: If you’re referring to Form W-4V, you absolutely can download the form or call the IRS toll-free at 1-800-829-3676 and ask for Form W-4V. Sign the form and return it to your local Social Security office by mail or in person.

My retirement benefits were suspended last February because I did not received my SSA Form 7162. I filled up and sent my form last February 22, through the FBU US Embassy Manila who are not much helpful because up to now April 19, my benefits are still suspended. Every time I request for follow-up only automated reply to wait for five days is what I get on my email. Can somebody help me to restore my retirement benefits? I need to buy my monthly supply of maintenance medicine and pay my rent. The last four digits of my SSN are xxx-xx- 8574. Thank you very much.

Hi Francisco, thank you for using our blog. Unfortunately, but for security reasons, we do not have access to private information in this venue. Since you are outside of the U.S., you should continue working with your local Federal Benefits Unit or U.S. embassy in the area for assistance related to your Social Security benefits. Also, our Office of International Operations home page provides more information to assist our customers living abroad.

I agree that SSI and DI should not be taxed. It’s hard enough to survive with what we get. How do we go about changing that Law? Is there a group of Lawyers willing to take on the Government? What do you think?

Hi Charles, thank you for your question. For your security, we do not have access to your benefit information in this venue. To inquire about your benefits, please call our toll-free number at 1-800-772-1213 (TTY 1-800-325-0778). Representatives are available between 7 a.m. and 7 p.m., Monday through Friday or contact your local Social Security office.

Hello I live with my elderly mother 92 years of age of legal resident status since August 2006. I am 62 1/2 years old and work in retail full time. I was wondering if there is a program to assist financially for her care. I have read that to get the SSI she would have had to be a legal resident since 1996? I thought about an early retirement but the financial reduction would take a toll in my income as it would be around $1500.00
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Thank you for any advice.